Catalog
1 Colon
| Issuer | Banco Central de Reserva de El Salvador |
|---|---|
| Year | 1934-1943 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Red print with a black seal. At center, an intaglio bust of Christopher Columbus facing right, executed in fine engraved line work. The bank title is set in bold letterpress across the upper portion of the note. |
| Reverse lettering | BANCO CENTRAL DE RESERVA DE EL SALVADOR (Translation: Central Reserve Bank of El Salvador) |
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| Comments |
The Banco Central de Reserva de El Salvador was itself only founded in 1934, making the earliest notes of this series essentially the bank's inaugural currency. El Salvador had abolished the gold standard in 1931 under pressure from collapsing coffee export revenues — the Colón series that followed was the first issued under purely managed monetary conditions, without gold convertibility as a backstop.
ABNC produced this series through a period that included the catastrophic 1932 peasant uprising and its brutal suppression, years during which rural cash circulation was severely disrupted.